Burford Capital Limited (NYSE: BUR)’s stock price has gone decline by -1.75 in comparison to its previous close of 13.69, however, the company has experienced a 0.90% increase in its stock price over the last five trading days. prnewswire.com reported 2024-09-16 that NEW YORK, Sept. 16, 2024 /PRNewswire/ — Burford Capital, the leading global finance and asset management firm focused on law, today announces that Travis Lenkner has rejoined the company as a member of its Management Committee in the newly created role of Chief Development Officer.
Is It Worth Investing in Burford Capital Limited (NYSE: BUR) Right Now?
The price-to-earnings ratio for Burford Capital Limited (NYSE: BUR) is 7.57x, which is above its average ratio. Moreover, the 36-month beta value for BUR is 1.28. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for BUR is 187.87M and currently, short sellers hold a 3.74% of that float. On September 20, 2024, BUR’s average trading volume was 1.27M shares.
BUR’s Market Performance
BUR stock saw an increase of 0.90% in the past week, with a monthly gain of 0.90% and a quarterly increase of 2.20%. The volatility ratio for the week is 2.00%, and the volatility levels for the last 30 days are 2.25% for Burford Capital Limited (BUR). The simple moving average for the last 20 days is 1.98% for BUR’s stock, with a simple moving average of -5.58% for the last 200 days.
Analysts’ Opinion of BUR
Many brokerage firms have already submitted their reports for BUR stocks, with Deutsche Bank repeating the rating for BUR by listing it as a “Buy.” The predicted price for BUR in the upcoming period, according to Deutsche Bank is $18 based on the research report published on September 06, 2024 of the current year 2024.
B. Riley Securities gave a rating of “Buy” to BUR, setting the target price at $15 in the report published on May 13th of the previous year.
BUR Trading at 1.10% from the 50-Day Moving Average
After a stumble in the market that brought BUR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.80% of loss for the given period.
Volatility was left at 2.25%, however, over the last 30 days, the volatility rate increased by 2.00%, as shares surge +3.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading unchanged at present.
During the last 5 trading sessions, BUR rose by +1.28%, which changed the moving average for the period of 200-days by -2.24% in comparison to the 20-day moving average, which settled at $13.21. In addition, Burford Capital Limited saw -13.78% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BUR
Current profitability levels for the company are sitting at:
- 0.72 for the present operating margin
- 0.85 for the gross margin
The net margin for Burford Capital Limited stands at 0.49. The total capital return value is set at 0.1. Equity return is now at value 18.68, with 7.02 for asset returns.
Based on Burford Capital Limited (BUR), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at -0.06. The debt to equity ratio resting at 0.78. The interest coverage ratio of the stock is 4.91.
Currently, EBITDA for the company is 725.05 million with net debt to EBITDA at 2.57. When we switch over and look at the enterprise to sales, we see a ratio of 5.34. The receivables turnover for the company is 4.05for trailing twelve months and the total asset turnover is 0.13.
Conclusion
To wrap up, the performance of Burford Capital Limited (BUR) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
